Hiecise Precision Equipment Co

Hiecise Precision Equipment Co Interest Coverage

The Interest Coverage Ratio of Hiecise Precision Equipment Co (300809.SZ) as of Oct 30, 2026 is 1.67. In the previous year, Interest Coverage Ratio was 5.74 — a change of -70.93% (lower).

Interest Coverage

1.67

YoY

-70.93%

Last updated:

Interest Coverage Ratio of Hiecise Precision Equipment Co is 2024 1.67 . Interest Coverage Ratio of Hiecise Precision Equipment Co was 2023 5.74 . It decreases by -70.93% lower compared to the previous year.

The Hiecise Precision Equipment Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
320.56 CNY
Jan 1, 2018
56.75 CNY
Jan 1, 2019
9.03 CNY
Jan 1, 2020
4.19 CNY
Jan 1, 2021
3.76 CNY
Jan 1, 2022
1.08 CNY
Jan 1, 2023
5.74 CNY
Jan 1, 2024
1.67 CNY
The Hiecise Precision Equipment Co Interest Coverage history
YEARInterest CoverageYoY
1.67-70.93%
5.74+431.60%
1.08-71.29%
3.76-10.27%
4.19-53.60%
9.03-84.09%
56.75-82.30%
320.56+4,018.94%
7.78—

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Hiecise Precision Equipment Co Stock analysis

What does Hiecise Precision Equipment Co do? Hiecise Precision Equipment Co., Ltd. generates revenue through the manufacturing and sales of fully automatic CNC roll grinders for the steel, paper, and lighting industries. The company offers full-process services including technology research, development, product design, manufacturing, delivery, installation, maintenance, and transformation services. Its main customers are industrial clients in the steel, paper, and lighting sectors that require precision machinery for production processes. The firm operates in both domestic and overseas markets, selling its fully automatic CNC roll grinders as its primary product line. The company's business model centers on providing comprehensive industrial machinery solutions, with a focus on CNC roll grinders as its core product. It serves industrial clients across multiple sectors, leveraging its expertise in research, development, and manufacturing to deliver end-to-end services. The firm's revenue streams come from the sale of machinery and associated services, targeting customers who need precision equipment for industrial applications. Hiecise operates in both domestic and overseas markets, distributing its fully automatic CNC roll grinders globally. Hiecise Precision Equipment Co., Ltd. makes money by selling fully automatic CNC roll grinders and related full-process services to industrial clients in the steel, paper, and lighting industries. Its primary product is the fully automatic CNC roll grinders, which are manufactured and sold to customers requiring precision machinery. The company's services include technology research, development, product design, manufacturing, delivery, installation, maintenance, and transformation, all contributing to its revenue. The firm's market reach spans domestic and overseas territories, serving industrial clients who depend on high-precision equipment for their operations. Hiecise Precision Equipment Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hiecise Precision Equipment Co stock

Interest Coverage Ratio of Hiecise Precision Equipment Co is 1.67 in 2024.

Interest Coverage Ratio of Hiecise Precision Equipment Co changed from 5.74 to 1.67, representing a -70.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hiecise Precision Equipment Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Hiecise Precision Equipment Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hiecise Precision Equipment Co

All Key Metrics — Hiecise Precision Equipment Co